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The “integrity” of central government employees will now be under watch. A confidential circular by the Department of Personnel and Training (DoPT) has asked all officers of the rank of joint secretaries and above to rate the integrity of their…

Huge provisioning for bad loans continued to pummel public sector banks. IDBI Bank on Friday posted a standalone net loss of Rs 2,184 crore — the largest by a PSU bank so far — for the December quarter of the…

Chinese electronics firm LeEco said it will start selling its latest 4G smartphone Le 1s at subsidized rates on Flipkart from Tuesday. “We are working on whole Internet eco-system and not just devices. We will open the sale of Le…

Reserve Bank Governor Raghuram Rajan on Tuesday kept the policy rate on hold at 6.75 per cent, as widely expected, opting to wait until after the Union Budget to decide on whether to cut interest rates further. In the policy…